Connotate Names Laura Teller Chief Strategy Officer

New Position Created to Align Business Decisions With Execution

NEW BRUNSWICK, NJ--(Marketwired - Mar 6, 2014) - Connotate, Inc., the leading provider of Web data extraction and monitoring solutions, today announced that Laura Teller has joined the company as its first Chief Strategy Officer. In that role, she will be responsible for developing and executing the company's product and marketing strategies.

"Laura has been brought into the company to ensure that we make the right strategic moves in our rapidly emerging and fast-growing markets," said Keith Cooper, CEO of Connotate. "She will lead our efforts to enhance our brand while also leveraging our unique technology to make the most of the many opportunities facing us."

"There are over 700 million websites globally today, containing an almost immeasurable amount of valuable data on markets, competitors, products, and much more. But it's quite hard to extract this data efficiently, continuously, and at scale, so it remains largely untapped and underutilized," said Teller. "I joined Connotate because I believe the company's machine learning science and technology goes beyond mere web scraping to solve this problem -- and thereby unleash the power of the web -- in a new and far better way."

Before joining Connotate, Teller was Chief Strategy Officer of Opera Solutions, a 600-employee company that uses machine learning to find predictive patterns in big data. Prior to Opera Solutions, she was president and founder of TellerGroup Consulting for 20 years, working with clients ranging from media and financial services to consumer goods companies.

Teller holds a BA from Yale and an MBA from Harvard University, where she was a Baker Scholar. She is the author of "Small Business, Big Savings" and serves on the boards of the Mt. Sinai Cemetery Association of Pennsylvania and the Yale Broadcasting Company.

About ConnotateConnotate puts the power of Web data monitoring and collection into the hands of the business user. Connotate delivers the scalability, reliability and resiliency necessary to derive strategic value from dynamic, Web sources. Connotate's growing customer list includes global businesses such as McGraw-Hill, Associated Press and Thomson Reuters. The Connotate solution has been named a KMWorld "Trend-Setting Product" for the past ten years. For more information, please visit www.connotate.com or www.connotate.co.uk and follow us on Twitter at @Connotate.